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TripAdvisor (NASDAQ:TRIP) Trading Down 5.9% - Here's What Happened

TripAdvisor logo with Retail/Wholesale background

Key Points

  • TripAdvisor's stock price decreased by 5.9%, closing at $17.25 after having traded significantly lower during the session with a volume 77% below average.
  • Analysts have mixed opinions on the stock, with a consensus rating of "Reduce" and a price target averaging around $17.36, indicating cautious sentiment among researchers.
  • Recently, insider Seth J. Kalvert sold over 10,000 shares of TripAdvisor stock, which represents a significant decrease in his holdings, underscoring insider sentiment regarding the company's stock performance.
  • Five stocks to consider instead of TripAdvisor.

TripAdvisor, Inc. (NASDAQ:TRIP - Get Free Report)'s stock price fell 5.9% on Wednesday . The stock traded as low as $17.33 and last traded at $17.25. 732,602 shares were traded during trading, a decline of 77% from the average session volume of 3,124,981 shares. The stock had previously closed at $18.33.

Analyst Ratings Changes

Several research firms have weighed in on TRIP. DA Davidson set a $16.25 price target on TripAdvisor in a research report on Tuesday, July 8th. Bank of America began coverage on TripAdvisor in a research report on Monday, July 14th. They set a "neutral" rating and a $19.00 price objective for the company. B. Riley increased their target price on TripAdvisor from $17.00 to $21.00 and gave the company a "neutral" rating in a research report on Monday, August 11th. Wall Street Zen raised TripAdvisor from a "buy" rating to a "strong-buy" rating in a research note on Saturday, September 13th. Finally, UBS Group reaffirmed a "neutral" rating on shares of TripAdvisor in a research note on Sunday, August 10th. Eight research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Reduce" and a consensus price target of $17.36.

Check Out Our Latest Research Report on TripAdvisor

TripAdvisor Stock Performance

The company has a 50-day moving average of $17.57 and a 200 day moving average of $15.19. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.37. The firm has a market capitalization of $2.02 billion, a PE ratio of 36.25, a PEG ratio of 2.96 and a beta of 1.27.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The travel company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.03. TripAdvisor had a return on equity of 12.40% and a net margin of 3.53%.The firm had revenue of $529.00 million during the quarter, compared to analyst estimates of $529.91 million. During the same quarter in the previous year, the company posted $0.39 earnings per share. The company's revenue was up 6.4% compared to the same quarter last year. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts predict that TripAdvisor, Inc. will post 0.46 EPS for the current year.

Insider Buying and Selling at TripAdvisor

In other news, insider Seth J. Kalvert sold 10,880 shares of the business's stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $20.04, for a total value of $218,035.20. Following the completion of the sale, the insider owned 136,914 shares of the company's stock, valued at approximately $2,743,756.56. The trade was a 7.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 3.10% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Tsfg LLC purchased a new position in TripAdvisor during the 1st quarter valued at about $35,000. Smartleaf Asset Management LLC grew its holdings in shares of TripAdvisor by 86.9% during the 1st quarter. Smartleaf Asset Management LLC now owns 3,055 shares of the travel company's stock worth $43,000 after acquiring an additional 1,420 shares during the period. Tower Research Capital LLC TRC grew its holdings in shares of TripAdvisor by 308.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,077 shares of the travel company's stock worth $53,000 after acquiring an additional 3,078 shares during the period. Kayne Anderson Rudnick Investment Management LLC grew its holdings in shares of TripAdvisor by 419.8% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,893 shares of the travel company's stock worth $55,000 after acquiring an additional 3,144 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of TripAdvisor by 376.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,127 shares of the travel company's stock worth $67,000 after acquiring an additional 4,052 shares during the period. Hedge funds and other institutional investors own 98.99% of the company's stock.

About TripAdvisor

(Get Free Report)

TripAdvisor, Inc operates as an online travel company, primarily engages in the provision of travel guidance products and services worldwide. The company operates in three segments: Brand Tripadvisor, Viator, and TheFork. The Brand Tripadvisor segment offers travel guidance platforms for travelers to discover, generate, and share authentic user-generated content in the form of ratings and reviews for destinations, points-of-interest, experiences, accommodations, restaurants, and cruises.

See Also

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